4531 Boundary Road, Richmond, V6V 1T9 — photo 1

$2,999,000

4531 Boundary Road, Richmond, V6V 1T9
Active
4 Bedrooms 2 Bathrooms 2,140 sqft Built 1956 Residential
2 Listing Signals Detected
Flood PlainHigh

Disclosure indicates flood plain — check insurance availability and municipal flood maps.

Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

Developers Alert!!! This property is part of Land Assembly in the Heart of Lower Mainland (Hamilton Area of Richmond), These properties are located just west of Alex Fraser Bridge with easy access to Vancouver, Downtown Richmond, Surrey/Delta, New West/Burnaby, Airport/Oak, QB, Knight St Bridges etc. Potential for more land to be part of this last large remaining piece of land in Richmond. Prime properties to rezone for Multi Family use with the Province/Cities encouraging higher density to cope with Housing shortage. Exceptional opportunity for the Developer to build affordable housing for the First Time & Move up Buyers and Empty Nester in a very Serene location close to Fraser River in the center of Lower Mainland. Please do not enter the property without an appointment.

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Property Details

MLS #

R3064312

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Basement Entry

Ownership

Freehold NonStrata

Zoning

RSM/XL

Bedrooms

4

Full Baths

2

Half Baths

0

Kitchens

2

Living Area

2,140 sqft

Main Floor

1,070 sqft

Basement

1,070 sqft fin.

Lot Size

21,526.67 sqft

Lot Dimensions

70.01 x 307.48

Frontage

70.01

Year Built

1956

Age

70 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior), Stucco

Structure

Residential Detached

Parking Stalls

10

Parking Type

Additional Parking, Front Access, Asphalt

Original Price

$2,999,000

Taxes

$5,120.54/yr

Listed

2025-11-03

MLS Area

Hamilton RI

City

Richmond

Postal Code

V6V 1T9

Features & Finishes

Heating

Oil

Flooring

Wall/Wall/Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Patio / Porch

Patio · Deck

Building & Community

Transit

Near

Schools

Near

View

Canal

Lot Features

Central Location, Near Golf Course, Marina Nearby, Recreation Nearby

Water Source

Public

Sewer

Septic Tank, Storm Sewer

Utilities

Electricity Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.179622, -122.957647 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market80% above market — check if justified
Days on market183 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,800,778

6.6% below asking price

Negotiation Range

$2,725,803$2,845,763

$119,960 spread

$2,725,803$2,999,000 ask

Based on 13 recent sales, a starting offer around $2,800,778 (6.6% below ask) is reasonable. Your negotiation range is $2,725,803 – $2,845,763.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Extended market time183 days listed — well above market avg of 158 days, increased negotiation leverage

Based on 13 residential sales in Richmond (last 60 days) · Updated May 4

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